$SPX It’s not over until it’s over | #markets #trendfollowing #trading #heikinashi

February 17, 2019 Leave a comment

Why the rally still has legs.

S&P-500 ($SPX) weekly

  • (!)   Near exhaustion
  • (+) A generous trailing-stop 10% below the close

 

S&P-500 ($SPX) daily

  • (+) 61.8% retracement has been penetrated.
  • (!) Next resistance: December and November highs

 

S&P-500 ($SPX) daily

  • (!)   In the red zone (9)
  • (+) Enough room until the daily trailing-stop hits.

 

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How attractive is $AAPL today? $SPX #markets #trendfollowing #heikinashi

February 10, 2019 Comments off

Apple ($AAPL) daily

  • (+) In uptrend (longer up segments in blue than those in retracement).
  • (+) Above the trailing-stop
  • (-) haDelta is negative and this retracement should last (hopefully not hitting the stop)

 

Apple ($AAPL) weekly

  • (+) Heikin-Ashi at its best.
  • (!-) Unfortunately, haDelta is very near high historical levels. In translation, $AAPL will hit resistance and later, reversal.

 

Apple ($AAPL) monthly

  • (+!) Positive but cautious.
  • The buy-stop is @204.20 almost 20% from here.

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$MJ, a #cannabis play | #markets #trendfollowing #heikinashi $WEED,CA $CRON $TLRY $ACB $ACB.CA $GWPH

February 3, 2019 Comments off

Alternative Harvest ETF ($MJ)  daily

  • (!) @resistance. Wait.
  • (+) Uptrend.
  • (+) 10% to stop-loss. Easy to digest?

 

Alternative Harvest ETF ($MJ)  weekly

  • (+) Positive haDelta signal.

 

Alternative Harvest ETF ($MJ)  monthly

  • (+) Room to go to $43.

 

Weak positives for #silver $SLV | #metals #markets #trendfollowing

January 27, 2019 Comments off

Silver ($SLV) daily

  • (+)    Solid bottom followed by an uptrend
  • (++) Breakout at support
  • (!)  Price is near resistance @14.90-15
  • (!)  haDelta at the resistance displayed during the uptrend

 

Silver ($SLV) weekly

  • (!) Trying to break out above the downtrend resistance. Tough.

 

Silver ($SLV) monthly

  • (-)  Massive downtrend
  • (+) haDelta positive signal

 

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$HEAR looks fine, but not enough | #markets #trends #trendfollowing #heikinashi

January 20, 2019 Comments off

Turtle Beach Corp ($HEAR) daily

  • (+) Nice pop-up last Friday.
  • It needs to overcome the buy-stop and a positive S-oscillator crossover.

 

Turtle Beach Corp ($HEAR) weekly

  • (+-) Positive, with a question mark from the oscillator.
  • (++) Positive divergence Price :: S-oscillator. Probably consumed.

 

Turtle Beach Corp ($HEAR) monthly

  • (-) Negative for investors.

 

$AMZN time | #heikinashi #trendfollowing #market #Amazon

January 13, 2019 Comments off

Amazon ($AMZN) daily

  • (+) haDelta suggests a bullish crossover near and above zero (strong trend)

 

Amazon ($AMZN) weekly

  • (!) @resistance
  • (-) Still below the buy-stop @1,732

 

Amazon ($AMZN) monthly

  • (+) Positive haDelta signal.

 

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One flower doesn’t make Spring (yet) | $SPX $SPY $DIA $DJIA $COMPQ $QQQ

January 6, 2019 Comments off

S&P-500 ($SPX) daily

  • (!) The S-oscillator is near the top.

 

S&P-500 ($SPX) weekly

  • (-) The S-oscillator is still damaged.

 

S&P-500 ($SPX) monthly

  • (-) The long-term picture is negative.

 

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